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provides a robustness analysis of alternative human capital measures available for EU regions. Examining the spatial dimension … captured by fixed effects. As the EU or at least the old and the new member states are more homogeneous geographical areas, the …
Persistent link: https://www.econbiz.de/10012608051
The degree of comovement of economic activity across states or regions is an issue of utmost importance to policymakers. Asymmetric business cycles are often seen as an impediment to the formation of a common currency area. However, it has been argued that a common monetary policy in itself...
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